Ocean
16 Laurel Boulevard
$190,000
●
House -
Off Market
16 Laurel Boulevard
Lanoka Harbor, NJ 08734
3 Beds
2 Baths
1,508 Ft²
$240,563
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Expanded Ranch w/Great Potential for the Buyer wanting to make it
your OWN! Living Room Open to Dining Area/Kitchen w/Laundry-Utility
Room w/Door to Enclosed Deck. Layout consists of 2BR/Full Bath on
one Side of the Home, 2nd BR has a Sitting area, that could be a
Changed to another Room or Opened up to the Living Room. In-Law
Suite Potential on the other side where the 3rd BR was a
Garage & has a Full Bath off the Foyer & Office/Den or a 4th BR.
Enclosed Deck roof leaks & most likely needs to be removed.
Nice Fenced Backyard for Outdoor Entertaining. Solar Panel Lease
thru NJR Ventures must be transferred over to new Owner. C/A is
from 2007, Furnace Maintained through NJR. Home Needs TLC &
Updating. This is an AS IS Sale, Buyer Responsible for CO thru
Lacey Twp. Price Reflects Condition
Unit Size
1,508 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$152
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1984
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (MOMLS #22214727)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2023 | Sold | ||
| Sold | |||
| Jan 19, 2023 | Listed by Good Choice Realty | $359,000 | |
| Listed by Good Choice Realty | |||
| | |||
|
This is Your Dream Home, Renovated w/ Beautiful Detail Throughout!! 4 Bedrooms plus a Bonus Room! Expanded Ranch Features Open, Spacious layout & In-law Suite! Modern, Up to Date Renovations! Stunning, Gourmet Kitchen w/ Gorgeous Quartzite Counters, Magnificent Back Splash, Upgraded Stainless Steel Appliances, & Recessed Lighting. Spacious Dining/Living Room. Stunning Renovated Bathrooms Feature Exquisite Vanities & Gorgeous Tiling! Beautiful Flooring Throughout. Solar Panels to Reduce Your Monthly costs. Large Deck & Fenced-in Backyard to Enjoy Family Time & Outdoor Entertaining. Beautiful Curb Appeal! Grab the Opportunity to Make this Home Yours!!! An Opportunity Like This won't last!!
| |||
| Oct 31, 2022 | Sold | ||
| Sold | |||
| May 15, 2022 | Listed by Pittenger Realty LLC | $229,900 | |
| Listed by Pittenger Realty LLC | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ocean
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Listed by: Mike Mennie, Pittenger Realty LLC
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22214727
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22214727
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